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Sea Dip. A Condo-Hotel Market Snapshot

By
Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

 Sea Dip Condo-hotel1233 South Atlantic Ave., Daytona Beach, Fl 32118

This 134-unit oceanfront condo-hotel with city and gorgeous ocean views is half mile south of International Speedway Blvd.

Two pools, one outdoor and one indoor. The resort is owner managed, no outside management company, and, as usually the case, they do not have the best and even good rentals.

If you plan to keep the unit for yourself, this is not a concern, however, if rental income is important to offset the expenses

Sea Dip has the dubious distinction of having the least expensive unit in Daytona. You can see the list of available units below. Sales were quite sluggish. In 2007 only one unit was sold for $60,000, and it was quite a drop from $87,500 asking.

UNITS IN SEA DIP FOR SALE ON MLS 08/05/2008
430 0 1 260 $39,900
224 0 1 300 $49,900
306 0 1 379 $65,900
522 0 1 350 $65,900
310 0 1 458 $67,000
328 0 1 336 $69,900
520 0 1 300 $69,900
223 0 1 450 $76,500
409 0 1 402 $78,000
203 0 1 475 $89,000
219 0 1 425 $94,900
316 0 1 405 $99,000
135 0 1 400 $99,900
406 0 1 379 $99,900
407 0 1 450 $109,000
232 0 1 425 $109,900
207 0 1 443 $109,900
523 0 1 400 $124,900
303 0 1 363 $133,900
201 1 1 500 $149,000

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   Jon Zolsky, your Condo-Hotel guru
   www.DaytonaCondoHotel.com